In an otherwise slow year for deal making, China’s pursuit of acquisitions around the world has been a big trend, according to The Wall Street Journal. Chinese firms have struck $110.8 billion in overseas deals this year, according to Dealogic. To put that number into context, not only is it already a full-year record — surpassing 2015’s $106.8 billion — it is more than triple 2014’s year-to-date total, the previous high through this point in the year. Currently, China is the top cross-border acquirer, according to Dealogic. If it finishes the year first, it would mark the first time ever in the No. 1 spot. The U.S. has topped the rankings in cross-border acquisition every year since 2007.
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